Charring Square

6123 Greenwycke Ln, Monroe, Michigan 48161

Charring Square Details

  • 200 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Monroe Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Monroe but actual income limits may differ for units at Charring Square.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $30,050 $34,350 $38,650 $42,900 $46,350 $49,800 $53,200 $56,650
Low Income (60%) $36,060 $41,220 $46,380 $51,480 $55,620 $59,760 $63,840 $67,980

Nearby Low Income Apartment Communities

Woodcraft Square

800 W Seventh Street
Monroe, Michigan
Income Based
1-3 BR
Subsidized

Frenchtown Place

1201 N Macomb Street
Monroe, Michigan
Call For Rent
1-2 BR
Subsidized

Mable H Kehres Apartments

15275 South Dixie Highway
Monroe, Michigan
Call For Rent
1-2 BR
Subsidized

Samaritas Affordable Living of Monroe

1600 A Park Ct
Monroe, Michigan
Call For Rent
1-3 BR